Forex Daily Pivot Points and Market Situation:
Daily Pivot Point of GOLD (XAU) Sybmol in 30M Time Frame Chart is: 4053 and Preferred situation is Bullish.
Forex Daily Support and Resistance Lines:
Technical analysis of GOLD (XAU): Resistance Lines of Day in 30M Time Frame:
- Resistance Level 3: —
- Resistance Level 2: 4180
- Resistance Level 1: 4134
Technical analysis of GOLD (XAU): Support Lines of Day in 30M Time Frame:
- Support Level 1: 4053
- Support Level 2: 4021
- Support Level 3: 3985
Forex Trading Signals:
Our Preferred Senario is Long Positions (Buy) above 4053 with first target at 4134 and second target at 4180 in extension as take profits.
If the market moves in the opposite direction, Alternative Senario is Short Positions (Sell) under 4053 with first target at 4021 and second target at 3985 in extension as take profits
